| This feature, or some fields and options described, might not be available depending on your settings, security rights, or platform package. |
This number, set in Agency Setup > Accounting Options, specifies when the system generates and posts agency and direct bill invoice transactions, in advance of their effective dates.
This allows you to print and mail invoices for future installments in a timely fashion. This value can be set to any number the agency chooses. Common choices to invoice in advance are 30 or 45 days.
Example
Set the number of days to invoice in advance to 30. Based on the current system date, when Daily Process is run, any unposted invoice with an invoice effective date equal to or less than 30 days in the future posts and is available for printing.
Any invoice with an invoice effective date more than 30 days in the future does not post.
As part of the posting process, the system assigns aninvoice number, not equal to zero,to the transaction.
|
My Vertafore Support | Vertafore University | NetVU Network | Vertafore.com © 2015 Vertafore, Inc. and its subsidiaries. All Rights Reserved. Vertafore, the Vertafore design, AMS360, Vertafore Producer Advantage, Producer Plus, AgencyEDGE, ReferenceConnect, BenefitPoint, Engage, and WorkSmart are registered trademarks of Vertafore, Inc. or its subsidiaries. Third party marks belong to their respective holders. AMS360 Classic Help updated 5/18/2016 11:04 PM |